Africa

As new business trends emerge, the 2024 Africa Shared Value and ESG Summit is set to transform the African business landscape. Organisers said the summit is a partnership between the Africa Shared Value Leadership Summit and the ESG Africa Conference. Scheduled for 24 to 25 October in Nairobi, Kenya, the …

With potential to shape the continent’s energy landscape, advanced nuclear technologies is to be put on spotlight at the Africa Energy Indaba. The energy jamboree has a nuclear forum lined up, bringing together global leaders, industry experts and policymakers to delve into the latest developments in nuclear power, emphasising its …

The United States of America’s Department of State released a signed Memorandum of Understanding (MoU) with the Democratic Republic of Congo (DRC) and Zambia on electric vehicle battery value chains. The document was signed on 13 December 2022, during the Africa Leaders Summit and states DRC and Zambia’s involvement in …

As Africa continues to navigate the complexities of meeting its growing energy demands while advancing sustainable development goals, the role of Independent Power Producers (IPPs) emerges as a critical component of the continent’s energy landscape. The official side event of the Africa Energy Indaba, the 10th edition of the IPP & PPA …

Africa is yet to see anything close to a full return on its massive oil and gas resources. With one-third of the continent – almost 500 million people – still having no access to electricity, ending energy poverty across Africa is among the planet’s most urgent challenges. To address this, …

The launch at COP28 of the landmark Oil and Gas Decarbonization Charter (OGDC), a global industry Charter dedicated to speeding up climate action and achieving high-scale impact across the oil and gas sectors, firmly put the spotlight on the millions of tons of methane (CH4) pumped into the atmosphere during …

The African Development Bank has reiterated that the introduction of a carbon border tax by the European Union (EU) could push Africa back into exporting raw commodities and undermine its industrialisation gains. The European Union recently launched the initial phase of a Europe-wide carbon tax on imported goods as part of …

China’s massive metals industry can only maintain its size using imported minerals, frequently from limited suppliers. As part of its Belt and Road Initiative, the country has actively invested in mining assets in Africa and Latin America and is beginning to engage in overseas refining and downstream facilities. Many countries …

New European Union (EU) carbon border tax could significantly constrain Africa’s trade and industrialization progress, the Africa Development Bank (AfDB) has warned.   AfDB President, Dr Akinwumi Adesina said the carbon tax will penalise value-added exports including steel, cement, iron, aluminium and fertilizers.   “With Africa’s energy deficit and reliance mainly on …

Reduced supply from major copper producers Panama and Peru may flip the global copper market into a deficit from surplus in 2024 or at least tighten oversupply if the disruptions are not resolved in coming months, analysts said on Tuesday. Panama’s top court on Tuesday ruled that Canadian miner First …